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Microcap & Penny Stocks : Hot Pennies

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To: Tim85gt who wrote (90)	5/7/1998 4:59:00 PM
From: Lal	of 663

Hi After reading your note i recalled something about this company and dug back into my files. This company has a very checkered history - it traded as high as $12+/share back in around '93, and proceeded to drop to its current levels by '95. It filed for bankruptcy protection in September '97, and it's latest 10K (See release on 27th April) reads like a nightmare. it has no cash, has stopped developing its products (which were not well received in the market place) and has fired most of the key staff. I have heard no rumours or anything about this company - but it is prime for the hypesters to ramp up for a few days and leave the crowds hanging onto the fag ends. I like a good gamble, but I would definitely be inclined to avoid this one. Larry

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